State of Michigan Retirement System’s Dropbox DBX Stock Holding History

State of Michigan Retirement System’s Portfolio DBX Stock Details DBX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$954K	Buy	42,000 +800	+2%	+$20.3K	0.01%	858
2025 Q4	$1.15M	Sell	41,200 -2,900	-7%	-$84.5K	0.01%	825
2025 Q3	$1.33M	Sell	44,100 -3,100	-7%	-$88.7K	0.01%	789
2025 Q2	$1.35M	Sell	47,200 -4,600	-9%	-$130K	0.01%	766
2025 Q1	$1.38M	Sell	51,800 -900	-2%	-$26.2K	0.01%	756
2024 Q4	$1.58M	Sell	52,700 -3,600	-6%	-$99.4K	0.01%	734
2024 Q3	$1.43M	Sell	56,300 -1,900	-3%	-$44.7K	0.01%	759
2024 Q2	$1.31M	Sell	58,200 -4,700	-7%	-$107K	0.01%	768
2024 Q1	$1.53M	Buy	62,900 +1,400	+2%	+$39.2K	0.01%	735
2023 Q4	$1.81M	Sell	61,500 -100	-0.2%	-$2.78K	0.01%	641
2023 Q3	$1.68M	Sell	61,600 -5,400	-8%	-$147K	0.01%	639
2023 Q2	$1.79M	Buy	+67,000	New	+$1.53M	0.01%	630
2021 Q4	–	Sell	-33,459	Closed	-$978K	–	982
2021 Q3	$978K	Buy	+33,459	New	+$1.04M	0.01%	847
2019 Q3	–	Sell	-31,605	Closed	-$792K	–	946
2019 Q2	$792K	Buy	+31,605	New	+$730K	0.01%	832
2019 Q1	–	Sell	-31,607	Closed	-$646K	–	952
2018 Q4	$646K	Buy	+31,607	New	+$728K	0.01%	879

Other funds holding DBX

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Jacobs Levy Equity Management Florham Park, New Jersey $23.8B AUM 25.4% 1-Year Est. Return

State of Michigan Retirement System's DBX Position: Q1 2026 in Review

State of Michigan Retirement System increased its Dropbox (DBX) stake by 1.9% in Q1 2026, buying an estimated $20.3K and bringing the position to 42,000 shares worth $954K. The position accounts for 0.01% of the portfolio, ranked #858.

State of Michigan Retirement System first reported a position in DBX in Q4 2018 and has held it in 15 quarters since. The position peaked at $1.81M in Q4 2023. 422 funds tracked by Wall St. Rank hold DBX as of Q1 2026.

State of Michigan Retirement System held 42,000 shares of Dropbox worth $954K as of Q1 2026.
State of Michigan Retirement System bought 800 Dropbox shares in Q1 2026, an estimated $20.3K.
Dropbox made up 0.01% of State of Michigan Retirement System's portfolio in Q1 2026, its #858 holding.
State of Michigan Retirement System first reported a position in Dropbox in Q4 2018 and has held it in 15 quarters since.
State of Michigan Retirement System's Dropbox position peaked at $1.81M in Q4 2023.
422 funds tracked by Wall St. Rank held Dropbox as of Q1 2026.

Based on State of Michigan Retirement System's 13F filing for Q1 2026, filed 4 May 2026.